*Guide | £575,000 (plus fees)
- End of Terrace House
- 11 Bedrooms
Call the team on 0113 393 3482 for more information
This is a rare opportunity to acquire such a large, ready-made investment and it’s to be sold via traditional auction on the 21st October. The same vendors have owned this since the 1980’s and are only selling due to retirement. This end terraced house comprises 11 bedsits (all with master key system), each room offers kitchen facilities and a shower, with shared bathrooms and laundry facilities. It’s fully tenanted with young professionals and mature students and has a strong letting history, and has been 100% let for the last 5 years. It’s generating a substantial income, with the gross rent at £92,716pa (net rent £79,735pa). Bills are included in the rents and cover Wi-Fi, tenants' belongings insurance, electricity, gas, water, whilst the landlord is responsible for council tax. The property benefits CCTV (included in sale), large front and rear gardens, plus three off-street parking spaces to the rear. All relevant certifications are available within the legal pack, including the HMO licence, EICR’s, gas safety checks and the fire safety certificate. It’s located within Chapel Allerton, which is a popular suburb to the north of Leeds city Centre. It’s conveniently located next to Chapel Allerton Hospital, whilst shops, supermarkets and schools are within walking distance. There are regular bus routes outside the property into Leeds, making it popular with commuters. Please note this is a 6-week completion.
Lower Ground Floor
Room 10, Room 11, storage and communal wc.
Ground Floor
Room 1,2 and 3.
First Floor
Room 4, 5 and 6, laundry room, communal wc and bathroom.
Second Floor
Room 7,8 and 9.
Externally
Front and rear garden, off street parking at rear for 3 cars.
Additional Information
Council Tax
Band E.
EPC
See legal pack Ratings - C, C, D, C, D, D, C, D, C, C, C.
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT. Searches £360 inc VAT
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
